Palm Bay · Selling
Selling and buying at the same time in Palm Bay
Sell first, buy first or together: a plan for your situation, with both closings lined up.
Free · Agents who know Palm Bay · Every step in one app
Palm Bay has more residents than any other city in Brevard County.
Selling one home and buying another at the same time is one of the most stressful moves there is. You are a seller and a buyer at once, with two sets of dates, two sets of paperwork and one big question: what if the timing does not line up? Many people lose sleep over the idea of owning two homes, or owning none.
Read the full guide: selling and buying at the same time, step by step →
What this means in Palm Bay
- The typical owner-occupied home in Palm Bay is worth about $283,200, 17% below the Brevard County typical value. At about 6–8% total selling costs, that is roughly $17,000–$22,700 on a typical sale here; your own number depends on your price and mortgage.
- When you move in Palm Bay: power is usually from Florida Power & Light (FPL), and water from City of Palm Bay Utilities. Set up service a week or two before Moving Day.
- Palm Bay Utilities covers a large part of the city, but some areas have no city water or sewer yet, so check the address on the city's water/sewer map. Moving a home from a private well to city water costs a $2,049 water capital charge plus a $100 deposit (for a standard 80-foot lot).
What’s different for you
- Choose the order. Sell first, buy first, or together, from four questions about your situation.
- Link the closings. Your purchase can wait on your sale so you never own two homes by accident.
- One Moving Day. One plan, one countdown, one money number.
When you start in CloseHive from this page, your plan already includes these steps, along with the usual ones for selling in Palm Bay. You always see what to do next, and your agent handles the how.
Palm Bay in numbers
- The typical home here is valued at about $283,200, which is 17% lower than Brevard County as a whole ($339,600).
- The typical home here was built around 1993, about 33 years ago. Ask about the roof's age early, because Florida insurers look at it closely.
- 80% of homes are lived in by their owners, close to the county's 77%.
- Owners with a mortgage pay about $1,549 a month in housing costs, about the same as typical rent ($1,601).
At a typical Palm Bay price of about $285,000, Florida's deed tax is $1,995 and the owner's title policy is about $1,500. Typical value here is 3.9 times the typical household income, compared with 4.3 for the county.
Questions people ask
What if my sale falls through?
Your plan can make the purchase depend on the sale; your agent explains how for your contract.